February 25, 2013

Sequester, Hodgenville, Larue County, and Abraham Lincoln Birthplace National Historic Site

The historic Abraham Lincoln Birthplace National Historic Site, right outside the city limits of Hodgenville, Kentucky, could be adversely affected by what is being called sequestration, as approximately $85 billion in spending cuts will automatically be put into motion if a deal isn't struck in a few short days.

Much of this is largely political posturing though, as the cut, as they're called, really aren't cuts, but are rather a decrease in the budget increases. In other words, the government increased its future budget, and what this is doing is lowering the actual increase, not cutting from prior or existing spending.

What would probably hurt Kentucky the worst is cuts related to the military, which could result in over 21,000 jobs lost in the Commonwealth.

Nonetheless, Washington must rein in spending, and the idea that these are devastating "cuts" isn't really telling the truth of the situation, as already mentioned.

That's not to say there won't be some pain by some Kentucky workers though, as it will have an impact of some sort.

At this time part of the problem in specifically identifying where the cuts could hurt is because there aren't really any targeted programs we know of for sure because many federal government agencies have yet to reveal their plans.

No comments:

Post a Comment